The pub chain ploughed £2m transforming the former Conservative club on Three Tuns Lane into a pub creating 60 new jobs. The company decided on naming the pub The Lifeboat after consulting local residents through Visiter.co.uk

The new-look pub will feature one bar, as well as a beer garden to the rear of the premises, were smoking will be permitted in a designated area. The Conservative Club will occupy the newly refurbished first floor area, with the pub trading on the ground floor.

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A Wetherspoon's spokesman said that the pub will specialise in real ales, as well as craft and world beers, serving a wide range of different draught ales, as well as bottled beers, including those from local and regional brewers. It will be open for family dining, with children, accompanied by an adult, welcome in the pub up until 10pm, throughout the week.

The pub will be wheelchair accessible, with a level entrance into the pub, and have a specially-adapted ‘Changing Places’ WC for people with disabilities, as well as those who are unable to use standard accessible toilets.

Historical photos and details of local history, as well as artwork and images of local scenes, are displayed in the pub, with bric-a-brac, reflecting the buildings near proximity to the beach and sand dunes, decorating the walls.

The redesigned internal space, via a large extension, has transformed the interior of the old Conservative Club. There is a theatre food servery counter and large opening summer doors, leading to the garden terrace, which features a viewing window through to the working cellar.

Manager Ashleigh Bauress said: “Myself and my team are looking forward to welcoming customers into the pub and we are confident that it will be a great addition to the Formby community.”

The pub's name reflects the fact that the country's first lifeboat station was built at Formby point. in the early 1770s, by Liverpool Dock Master William Hutchinson. A few years later, it was rebuilt on the same site and the ruins can be seen on the beach today. The lifeboat was last launched in 1916.

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The building, now occupied by the new pub, was purpose-built as the Formby Catholic Club. Built by the much-respected local priest Monsignor James Carr, it officially opened on October 13, 1894.

Around 1912, the north end of the then much larger premises was converted into the 200-seater Picturedrome. In 1926, the building became the Queen’s cinema and home to the Formby and Altcar Working Men’s Conservative Club. The Queen’s cinema closed in 1958 and was demolished in the 1960s.

The new pub will be open from 8am until 11.30pm Sunday to Wednesday and 8am until 12midnight on Thursday, Friday and Saturday. Food will be served throughout the day, from opening until 11pm, every day.